NOT LISTED FOR SALE

1622 E River Rd Olean, NY 14760

Estimated Value: $57,000 - $106,000

3 Beds
1 Bath
992 Sq Ft
$88/Sq Ft Est. Value

Last Sold February 01, 2013

Last sale price $17,000 $17 Per Sq Ft

Est. 414% increase in value since last sale

Current estimated payment $622/month

34 Days on Market

Highlights

  • 0.47 Acre Lot
  • 1 Car Detached Garage
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of February 2013

Priced Right!!Bring you hammer, 3 bedroom ranch home, some updates started but waiting for your final touches.

Last Agent to Sell the Property

Lynda Hood

Listing by No Office Affiliation License #10301201708 Listed on: 09/11/2012

Last Buyer's Agent

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 180 x 114

Home Design

  • Block Foundation

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Shared Driveway
  • Dirt Driveway

Location

  • Flood Zone Lot

Utilities

  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 046600-103-002-0002-030-001-0000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Age: 57
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 33600
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 180
  • Lot Dimension Front: 114
  • Lot Information: Flood Zone, Neighborhood Street
  • L P Per Acre: 52978.7200
  • List Price per Sq Ft: 25.1008
  • Nearest Cross Street: Steam Valley
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 36170.21
  • Ratio Close Price By Sq Ft: 17.14
  • Ratio List Price By Acres: 52978.72
  • Ratio List Price By Sq Ft: 25.10
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1020
  • Sale Price List Price: 0.6827
  • S P Per Acre: 36170.2100
  • S P Per Sq Ft: 17.1400
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 24900.00
  • Year Built Description: Existing
  • Age of Building: 67
  • Year Built: 1955
  • Directions To Property: From Olean, York street to e river road, property on the right.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Living Room
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 992

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.4700

Garage/Parking

  • Driveway Description: Dirt, Shared
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Electric, Oil
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 046600-103-002-0002-030-001-0000

Tax Info

  • Total Taxes: 1740

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2012
Closed on
Jan 30, 2013
Sold by
Miles Thomas E
Bought by
Painter Thomas
Seller's Agent
Lynda Hood
No Office Affiliation
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$24,900
Sold Price
$17,000
Premium/Discount to List
-$7,900
-31.73%
Current Estimated Value
$87,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,302
Avg. Annual Appreciation
14.69%

Purchase Details

Closed on
Jul 27, 2012
Sold by
Miles Thomas E
Bought by
Nationstar Mortgage Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Painter Thomas $17,000 --
Nationstar Mortgage Llc $49,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2013 02/01/13 Sold $17,000 -31.7% $17 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $24,900 -- $25 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,930 $18,720 $3,300 $15,420
2023 $1,124 $18,720 $3,300 $15,420
2022 $1,104 $18,720 $3,300 $15,420
2021 $1,075 $18,720 $3,300 $15,420
2020 $1,085 $18,720 $3,300 $15,420
2019 $577 $18,720 $3,300 $15,420
2018 $1,085 $18,720 $3,300 $15,420
2017 $1,609 $18,720 $3,300 $15,420
2016 $999 $18,720 $3,300 $15,420
2015 -- $18,720 $3,300 $15,420
2014 -- $18,720 $3,300 $15,420
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lynda Hood

    No Office Affiliation

  • Karen Redding

    Buyer's Agent in 2013

    Karen Redding

    Real Estate Pros & More

    (716) 359-6808

    20 in this area

    28 Total Sales

    Karen Redding
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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B416264

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-103-002-0002-030-001-0000

New York Cattaraugus County Olean 14760

1622 E River Rd, Olean, NY

This home is located at 1622 E River Rd, Olean, NY 14760 since 11 September 2012 and is currently estimated at $87,302, approximately $88 per square foot. This property was built in 1955. 1622 E River Rd is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

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